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Online Bachelor's Student Scholarships & Aid

As an online bachelor’s student pursuing a B.S. in Applied PsychologyB.S. in Biblical MinistriesB.S. in Business Management or a B.S. in Public Relations and Reputation Management, you have the opportunity to earn your degree at roughly one-third of the cost of regular tuition. Your financial aid opportunities differ from our traditional undergraduate aid, so learn more about the aid options available below.

Questions About Online Bachelor’s Student Aid?

If you’re looking for more information about financial aid opportunities for online bachelor’s students, contact our expert.

Faye Maretic

Financial Aid Coordinator, Online Programs
financialaid@biola.edu

Scholarships

Pursuing an online bachelor’s degree is about more than just getting a diploma –– it’s a pathway to new opportunities, both professional and personal. The Biola Online Opportunities Scholarship is a one-time $500 scholarship awarded to enrolled students for their first semester.

To apply, you must enroll in one of our online bachelor's programs at least half-time (6 credits a trimester) and be a first-time Biola student.

    Biola Online Opportunities Scholarship Application

    Loans

    Online bachelor’s students who are U.S. citizens are eligible for the federal loans listed below, and should note that because of the mandatory trimester structure for online bachelor’s degree programs, any aid received is split into thirds (as opposed to halves, based on a traditional semester schedule).

      Direct Subsidized & Unsubsidized Loans

      The Direct Loan is a loan funded by the U.S. Department of Education that must be repaid with interest. Amount determined by the Free Application for Federal Student Aid (FAFSA).

      Amount and Interest
      Grade Level Base Direct Loan Dependent Undergraduate Unsubsidized Independent Undergraduate Unsubsidized
      Freshman
      (0-26 credits)
      $3,500 $2,000 $6,000
      Sophomore
      (27-56 credits)
      $4,500 $2,000 $6,000
      Junior
      (57-87 credits)
      $5,500 $2,000 $7,000
      Senior
      (88+ credits)
      $5,500 $2,000 $7,000

      For current loan interest rates and origination fee amounts, please visit the Federal Student Aid website.

      Application

      Students must complete the following applications:

      1. FAFSA (online form; with Biola listed)
      2. Direct Loan Master Promissory Note & Entrance Counseling (online form)
      Deadline

      April 15 — This is the recommended deadline in order to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested in order to be processed.

      Eligibility

      Students must meet the following eligibility requirements:

      • Student must be enrolled at least half-time
      • Financial need, as determined by the FAFSA, will determine whether the student is eligible to receive subsidized or unsubsidized funding
      Repayment

      Loan repayment is deferred while a student is enrolled at least half-time in a degree program. Repayment typically begins six months after a student drops below half-time enrollment.

      Renewable Status

      Yes, this loan is renewable yearly (with the completion of a FAFSA). MPN is valid for up to 10 years.

      Graduating/Departing Information

      Students must complete exit counseling online in preparation for graduating/completing their program.

      Direct Parent PLUS Loan

      Credit-based loan for parents of dependent students who are enrolled at least half-time.

      Amount and Interest

      Up to cost of attendance minus financial aid.

      For current loan interest rates and origination fee amounts, please visit the Federal Student Aid website.

      Application

      See the following required applications:

      1. Students must complete the FAFSA (online form; with Biola listed)
      2. Parents must complete the Direct Parent PLUS Loan Application, Master Promissory Note & Entrance Counseling (online form)
      Deadline

      June 1 — This is the recommended deadline in order to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested in order to be processed.

      Eligibility

      Students and parents must meet the following eligibility requirements:

      • Student and parents must be either U.S. citizens, or eligible non-citizens with a U.S. address
      • The student must be enrolled at least half-time in an eligible degree program
      Repayment

      Loan repayment is deferred while a student is enrolled at least half-time in a degree program. Repayment typically begins six months after a student drops below half-time enrollment.

      Renewable

      No, this loan is not renewable. Parents must reapply each academic year.

      Private Student Loan

      You may choose to borrow Private Student Loan funds from a private financial institution to help fund your education after all other resources have been exhausted:

      • Federal direct loans are required by law to provide a range of flexible repayment options, including, but not limited to, income-based repayment and income-contingent repayment plans, and loan forgiveness benefits, which other student loans are not required to provide.
      • Federal direct loans are available to students regardless of income, whereas private student loans are dependent on student (and cosigner) credit. Private loans are not federally funded, and are dependent on student (and cosigner) credit. Private loans tend to have higher interest rates than federal direct loans, and in most cases, Parent PLUS loans.
      Amount and Interest

      Minimum loan amounts begin at $1,000 and may also be large enough to cover the remaining cost of attendance (varies by lender).

      Maximum loan amounts are determined by subtracting all of a student's financial aid from their cost of attendance for the school year.

      Interest rates vary by lender.

      Application

      Students can complete a loan application with their chosen lender, or may look for a lender on our Preferred Lender List. Please note the following additional details:

      1. Part of your loan application will include completing an Applicant Self-Certification Form. This includes calculating your estimated cost of attendance. Learn more about how to do that on our FAQ page.
      Deadline

      June 1 — This is the recommended deadline in order to be processed in time for the beginning of the school year. All loan requests must be received no later than the last day of the semester in which the funds are being requested in order to be processed. Please allow 4–6 weeks for processing.

      Eligibility

      Generally, the borrower must be a U.S. citizen, eligible non-citizen with a U.S. address, or an international student with a U.S. citizen cosigner (varies per lender).

      Cosigner Requirements

      Criteria varies per lender. Unless you are steadily employed, earn at least $12,000 a year, and have a stable credit history with a good FICO score (over 700), you will more than likely need a cosigner in order to be approved for a private student loan.

      Renewable Status

      No, these loans are not renewable. Students must apply yearly using the application resources linked above.

      Grants

      Online bachelor’s students who are California residents and demonstrate financial need may be eligible for the specific federal grants listed below. 

        Cal Grant A

        A tuition-specific, state entitlement award, funded by the California Student Aid Commission (CSAC).

        Amount

        Up to $9,084 (depending on unmet need). Prorated per enrollment status, and the amount subject to change pending the approval of the state budget.

        Application

        Students must review the following application guidelines:

        1. Submit your application:
        2. Complete your Cal Grant GPA Verification Form (review the Financial Aid Handbook to review details on the Cal Grant GPA Verification Form)
        Deadline

        March 2

        Eligibility

        Students must meet the following eligibility requirements:

        • Student must be a California resident
        • Student must be an undergraduate student with the eligible GPA (3.0 or higher)
        • AB 540 (Dream Act) students may also apply
        • Household income and assets must be below specific amounts determined by CSAC
        • View additional eligibility requirements on the California Student Aid Commission website.

        Renewable Status

        Please see the following grant renewal details:

        • Yes, this grant is renewable yearly (based on meeting all eligibility requirements  and meeting satisfactory academic progress).
        • The FAFSA must be filed yearly as a part of the renewal process. No GPA verification form is needed for renewal.
        • A student who is denied a Cal Grant their first year may be eligible for the Cal Grant in subsequent years, but must file a FAFSA and submit a Cal Grant GPA Verification Form by the March 2 deadline.

        Cal Grant B & Living Allowance

        A tuition-specific, state entitlement award, funded by the California Student Aid Commission (CSAC).

        Amount

        Please see the following Cal Grant B amount details:

        • First year: only living allowance totaling $1,672
        • All other grade levels: tuition assistance of up to $9,084 and living allowance funds of $1,672
        • Subsequent years Cal B amount plus access amount (up to $10,756)
        • Amounts are prorated per enrollment status
        Application

        Students must review the following application guidelines:

        1. Submit your application:
        2. Complete your Cal Grant GPA Verification Form (review the Financial Aid Handbook to review details on the Cal Grant GPA Verification Form)
        Deadline

        March 2

        Eligibility

        Students must meet the following eligibility requirements:

        • Student must be a California resident
        • Student must be an undergraduate student with the eligible GPA (3.0 or higher)
        • AB 540 (Dream Act) students may also apply
        • Household income and assets must be below specific amounts determined by CSAC
        • View additional eligibility requirements on the California Student Aid Commission website.

        Renewable Status

        Please see the following grant renewal details:

        • Yes, this grant is renewable yearly (based on meeting all eligibility requirements  and meeting satisfactory academic progress).
        • The FAFSA must be filed yearly as a part of the renewal process. No GPA verification form is needed for renewal.
        • A student who is denied a Cal Grant their first year may be eligible for the Cal Grant in subsequent years, but must file a FAFSA and submit a Cal Grant GPA Verification Form by the March 2 deadline.

        Pell Grant

        Amount

        Up to $6,195. Prorated per enrollment status.

        Application

        Students must review the following application guidelines:

        1. Complete the FAFSA (with Biola listed)
        2. Make sure financial aid file is completed with the Office of Financial Aid
        Deadline

        There is no deadline for this grant.

        Eligibility

        Students must meet the following eligibility requirements:

        • Must be an undergraduate student (or teaching credential student without an accompanying master’s degree)
        • Must be a U.S. citizen or eligible non-citizen
        •  Must have sufficient financial need
        Renewable Status

        This grant may be renewable based on availability of funds and eligibility each year.

        SEOG (Supplementary Educational Opportunity Grant)

        A federal need-based grant, awarded by the Office of Financial Aid.

        Amount

        Up to $240. Grant is coordinated with all other grants and scholarships received.

        Application

        Students must review the following application guidelines:

        1. Complete the FAFSA (with Biola listed)
        2. Make sure financial aid file is completed with the Office of Financial Aid
        Deadline

        There is no deadline for this grant. Availability of the grant is based on availability of funds.

        Eligibility

        Students must meet the following eligibility requirements:

        • Must be an undergraduate student enrolled at least half-time
        • Must be a U.S. citizen or eligible non-citizen
        • Must have sufficient financial need
        Renewable Status

        This grant may be renewable based on availability of funds and eligibility each year.

        Additional Resources

        Know Your Options

        The Office of Financial Aid provides different resources that can help you plan out your finances as you pursue your Biola education.

        Financial Aid Counseling

        Have questions about the process? Call us or come by our office for a drop-in appointment with a knowledgeable financial aid counselor — they can help.

        Connect With a Counselor

        Contact Us

        The Office of Financial Aid is here to answer questions you have about the financial aid process. Contact us in person, by phone or email.

        View Contact Information